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Friday, January 25, 2013

This follows my self imposed rule about saving common cents that are 50 years or older. Yes it is normal and holds no extra value above metal content but it is becoming more difficult to find.

The 50+ years rule was set up because that is a good round number where things start to become classics. Even with coins it is a good time to set them aside because they get more scarce each year that passes. Back when I did the Cent Project challenge I found out that the 1961 cent from Philly only made up 0.24% of my finds.

Between 1959-2012 there are about 133 different U.S. cents to reasonable collect. The most common I found are 1994 (3.80%) and 1989 (3.95%) not surprisingly because these were minted in high amounts, also they are recent coins. Older coins were made in lower amounts and thanks to natural loss and hoarders they are seen less in change each year.

Should you bother doing the same? Probably not it would be wiser to buy one high quality graded example.

The Real and centavos are from Brazil, all of them are in extremely fine conditionThe east caribbean states coin is definitely from 1989, it has a ship on one side and queen elizabeth the second on the other side.

I have a 1936 lincoln wheat back penny that I was told was a Double die. A man at a pawn shop told me it was maybe worth $1000. How can I tell for sure if it is double died? Also could it be worth $1000 or more?

I have a 1992 D Lincol Cent (not wheat). The coin is larger in diameter than a normal penny, the color is somewhat of a tarnished silver, and I'm unsure of the weight. I have a picture I can share too - feel free to email me to discuss further. Jack.Wilson48@gmail.com

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